India defends antitrust law in Apple penalty case
Photo: Reuters
India’s antitrust watchdog is defending a 2024 law that allows fines based on a company’s global turnover, as Apple challenges the measure in court.
The Competition Commission of India (CCI) says the law ensures penalties remain a real deterrent for multinational firms, aligning with international practice, News.Az reports, citing Reuters.
Apple argues the law could lead to disproportionate fines of up to $38 billion for India-specific violations. The Delhi High Court will hear the case on January 27.
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